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S. 2387 117th Congress Senate

Small Business Tax Fairness Act

Official title: A bill to amend the Internal Revenue Code of 1986 to improve the deduction for qualified business income.

Introduced: July 20, 2021 Introduced by: Ron Wyden Democratic · Oregon See on congress.gov
Taxation
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 20, 2021
Read twice and referred to the Committee on Finance.
Jul 20, 2021
Introduced in Senate
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 Latest action July 20, 2021

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

Small Business Tax Fairness Act

This bill revises the tax deduction for qualified business income to limit eligibility for such deduction to individual taxpayers. It also modifies rules for calculating the amount of such deduction and limitations on it.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 7

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

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Cite this page click to expand
APA
U.S. Congress. (2026). S. 2387: Small Business Tax Fairness Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-2387/
MLA
"S. 2387: Small Business Tax Fairness Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-2387/.
Bluebook (legal)
S. 2387, 117th Cong. (2026), https://openamerica.io/bill/117-S-2387/.
Markdown link
[S. 2387: Small Business Tax Fairness Act](https://openamerica.io/bill/117-S-2387/)
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